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Author Topic: Why is bitcoin stability important?  (Read 1809 times)
Escf4
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May 12, 2018, 03:00:55 PM
 #581

The stability of bitcoin is so important because it is where we refer our trust for this coin, if the thing is stable especially in the marketplace, even if there is volatility around , the stsbility will matter , for it will gain the trust and confidence of every investors of bitcoin.

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May 12, 2018, 03:03:44 PM
 #582

Bitcoin is a kind of wealth. If bitcoin fluctuates violently, it will affect investors' confidence in investment. Many large funds are risk averse. I think the volatility of bitcoin will be very small after the maturity of the encryption market.
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May 12, 2018, 03:49:56 PM
 #583

Bitcoin is a kind of wealth. If bitcoin fluctuates violently, it will affect investors' confidence in investment. Many large funds are risk averse. I think the volatility of bitcoin will be very small after the maturity of the encryption market.
The only reason why a lot of people or businesses have accepted bitcoin as a source of payment is because of its high volatility and instability. When the currency becomes more stable, it’s going to be adopted as a method of payment worldwide which will in turn bring a boost to the currency.



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May 12, 2018, 04:32:52 PM
 #584

Because it will make the bitcoin to be more stable and secure for people to so more business with it in order to prevent fraud
Justinalex
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May 12, 2018, 08:08:08 PM
 #585

because many people who have bitcoin, and many enthusiasts in bitcoin hence many people who want bitcoin to be stability and continue to rise in price, but very difficult to happen, currently bitcoin prices are far from stable.
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May 12, 2018, 08:15:43 PM
 #586

Without stability -> it would be a control.

No control -> People would be desperated.

That is the main reason of why stability is more than important on cryptos, because it is needed.

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May 12, 2018, 08:49:08 PM
 #587

Currencies are judge by below 3 characteristics:

1. Medium of Exchange
2. Store of Value
3. Unit of account

In order for any currency to be having all the 3 characteristics above, it must be broadly usable and have some level of stability in price. For bitcoins  mass adoption , stability is important
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May 12, 2018, 09:12:24 PM
 #588

I agree with you too. If the bitcoin has a stability matter there will be major changes in the cryptocurrencies activities. Perhaps at first it is difficult to adjust but eventually it will gradually be accepted. If this happens in the outward form of bitcoin maybe you can buy whatever you need because of its stable price because it can pay for the any stores . I just think
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May 12, 2018, 09:18:55 PM
 #589

Probably because of the bitcoin stability it makes bitcoin and type more favored by the community or within this bitcoin and again with bitcoin stability so as to make the bitcoin price more stable and there is no drastic change.

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May 12, 2018, 09:19:55 PM
 #590

I dont know who told you about these, but i think bitcoin and all cryptocurrencies dont need to be stable. Because cryptocurrencies are pure speculations business. So without this volatility, cryptocurrencies would be not that famous for trading. And without these volatility, you could not make those good profits for which cryptocurrencies are famous for. So i would say the stability of the price is not important and not necessary, it needs to be unstable!

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May 12, 2018, 10:48:29 PM
 #591

I also agree with your statement, if bitcoin is fully promoted then Alt Coin enthusiasts will decrease, because now enthusiasts bitcoin is very much, many people exchange their bitcoin on bitcoin this is of course more if done dilkukan promotion bitcoin fully

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May 12, 2018, 10:51:23 PM
 #592

Stability is important so that it make sense for investors that can have there trust because it has the stability by time. And also i think stability for bitcoin can affect to those alt who mostly based by bitcoin and go through with this.

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May 12, 2018, 10:57:21 PM
 #593

Stability is important so that it make sense for investors that can have there trust because it has the stability by time. And also i think stability for bitcoin can affect to those alt who mostly based by bitcoin and go through with this.
Bitcoin stability is very important because it is a good time to invest when the price of bitcoin in the market will be stable and bitcoin stability is important so a lot of people will just keep buying and holding there bitcoin until the price of bitcoin is stable.
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May 12, 2018, 11:05:14 PM
 #594

Bitcoin stability is important because in here the investors always trying to look, if the price is good then they continue to invest.
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May 12, 2018, 11:39:57 PM
 #595

Stability is important so that it make sense for investors that can have there trust because it has the stability by time. And also i think stability for bitcoin can affect to those alt who mostly based by bitcoin and go through with this.
Bitcoin stability is very important because it is a good time to invest when the price of bitcoin in the market will be stable and bitcoin stability is important so a lot of people will just keep buying and holding there bitcoin until the price of bitcoin is stable.
If the price of bitcoin is stable then it is more advantage to traders to have a fixed basis upon trading and it can give more self confident for altcoin investors to do more investment and above all stability prevents people to do panic selling.

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May 13, 2018, 01:47:36 AM
 #596

Bitcoin stability is important sometimes. This will eliminate the price crisis and ensure the smooth and stable growth of crypto market. This will also reduce the fear of people of investing in cryptocurrencies and increase their confidence in the crypto investments. But we can’t expect Bitcoin to be fully stable as it is against the basic nature of cryptocurrencies. Some fluctuations are always there.
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May 13, 2018, 02:49:34 AM
 #597

Since its inception the cryptocurrency mains have been volatilely designed which means bitcoin have fluctuating properties.
Thus although the stability of bitcoin considered's important and highly desirable, it seems that this will not happen and it has no effect whatsoever since this's tantamount to be against the law of bitcoin creation.

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May 13, 2018, 03:15:34 AM
 #598

Bitcoin price stability is very important because all users want to get certainty, if the price is too fluctuating like now it will make it all difficult and uncertain and certainly hesitate to put money into bitcoin in large quantities.

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May 13, 2018, 03:50:51 AM
 #599

because many are interested in bitcoin, so many people expect bitcoin to remain stable. because if bitcoin is unstable then bitcoin enthusiasts will decrease, so bitcoin price must remain stable even increase
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May 13, 2018, 06:19:21 AM
 #600

because many are interested in bitcoin, so many people expect bitcoin to remain stable. because if bitcoin is unstable then bitcoin enthusiasts will decrease, so bitcoin price must remain stable even increase


Yes, stability of bitcoin is very important to sustain our investment and to assure that after a long term holding we can gain out of our initial investment. Its volatility is the big problem to be specific. But even we know that is how bitcoin behaves many people around the globe believe and keep on hoping that it will become stable one day.
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